Mark Zagorski - 15 Jun 2024 Form 4 Insider Report for DoubleVerify Holdings, Inc. (DV)

Signature
/s/ Andrew E. Grimmig, as Attorney-in-Fact for Mark S. Zagorski
Issuer symbol
DV
Transactions as of
15 Jun 2024
Transactions value $
-$136,603
Form type
4
Filing time
18 Jun 2024, 16:01:20 UTC
Previous filing
26 Apr 2024
Next filing
02 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DV Common Stock Purchase $11,014 +712 +0.19% $15.47 383,317 31 May 2024 Direct F1
transaction DV Common Stock Options Exercise $0 +6,471 +1.69% $0 389,788 15 Jun 2024 Direct F2
transaction DV Common Stock Tax liability -$66,927 -3,579 -0.92% $18.7 386,209 15 Jun 2024 Direct F3
transaction DV Common Stock Options Exercise $0 +7,802 +2.02% $0 394,011 15 Jun 2024 Direct F4
transaction DV Common Stock Tax liability -$80,690 -4,315 -1.1% $18.7 389,696 15 Jun 2024 Direct F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DV Restricted Stock Units Options Exercise $0 -6,471 -14.29% $0 38,826 15 Jun 2024 Common Stock 6,471 Direct F2, F6
transaction DV Restricted Stock Units Options Exercise $0 -9,375 -9.09% $0 93,750 15 Jun 2024 Common Stock 9,375 Direct F6, F7, F8
transaction DV Restricted Stock Units Options Exercise $0 -7,802 -6.67% $0 109,223 15 Jun 2024 Common Stock 7,802 Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the DoubleVerify Holdings, Inc. 2021 Employee Stock Purchase Plan (ESPP), the purchase price per share reported reflects a discount of 15% of the lesser of the share price at the first day of the offering period or the purchase date.
F2 The restricted stock units were granted on December 10, 2021. 6.25% of the restricted stock units vested and were settled on March 15, 2022 (the "2022 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2022 Vesting Date.
F3 Represents shares withheld to satisfy tax obligations in connection with the vesting of 6,471 restricted stock units on June 15, 2024.
F4 The restricted stock units were granted on December 19, 2023. 6.25% of the restricted stock units vested and were settled on March 15, 2024 (the "2024 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2024 Vesting Date.
F5 Represents shares withheld to satisfy tax obligations in connection with the vesting of 7,802 restricted stock units on June 15, 2024.
F6 Restricted stock units convert into common stock on a one-for-one basis.
F7 As reported previously, vested shares will be delivered to the reporting person as soon as administratively feasible following his separation from service with the Issuer.
F8 The restricted stock units were granted on December 12, 2022. 6.25% of the restricted stock units vested and were settled on March 15, 2023 (the "2023 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2023 Vesting Date.